According to Goldstein Research, Smart Glasses Market is expected to reach USD 10.6 billion by 2024, growing at a CAGR of 21.5% over the forecast period 2016-2024. The demand for smart glasses in various applications such as the healthcare sector is driving the expansion of the global smart glasses market. AR glasses, type of smart glasses, has witnessed huge growth and generated USD 138.6 million in 2016.
Military sector is closely followed by the medical sector in the application of smart glasses. Global smart glasses market is largely dominated by North America with a market share of 60.2% in 2016, owing to the larger adoption of smart wearable.
APAC region tends to be an opportunistic market on the back of growing technological infrastructure majorly in China, India, Singapore, and Japan.
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Market Segmentation
On the basis of our in-depth analysis, Global Smart Glasses Market can be segmented as follows:
By Operating System Type
- Android-based Smart Glass
- Linux based Smart Glass
- iOS-based Smart Glass
By Distribution Channel
- Online Distribution Channel
- Offline Distribution Channel
By Application
- Commerce
- Medical
- Education
- Military
- Production
- Universal Remote Control
- Entertainment
- Documentation
“Global Smart Glasses Market Outlook 2024” contains a detailed overview of the global smart glasses market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by operating system type, distribution channel, application, and geography.
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Ch-1 Market Environment
- Global Economic Overview
- Macroeconomic Outlook
- Demographic Trends Overview
- Global Smart Wearable Industry Outlook
- Virtual And Augmented Reality Technology Trend Analysis
Ch-2 Executive Summary
- Market Size (USD Million)
- Forecast Analysis (2017-2025)
- Market Share & CAGR (%)
- Regional Share Distribution (%)
Ch-3 Market Dynamics
- Growth Drivers
- Market Restraints
- Risk Analysis (Demand Risk & Supply Risk Analysis)
- Recent Trends & Developments
- Opportunities for Market Players
Ch-4 Global Smart Glasses Market Segmentation Analysis, 2017-2025
- Global Smart Glasses Market By Operating System (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
- Global Smart Glasses Market By Distribution Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
- Global Smart Glasses Market By Application (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
Table of Content-
Ch-5 Global Smart Glasses Market By Region (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
- North America Smart Glasses Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
- North America Smart Glasses Market By Country (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
- North America Smart Glasses Market Segmentation Analysis, 2017-2025
- Europe Smart Glasses Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
- Europe Smart Glasses Market By Country (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
- Europe Smart Glasses Market Segmentation Analysis, 2017-2025
- Asia Pacific Smart Glasses Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
- Asia Pacific Smart Glasses Market By Country (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
- Asia Pacific Smart Glasses Market Segmentation Analysis, 2017-2025
- Latin America Smart Glasses Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
- Latin America Smart Glasses Market By Country (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
- Latin America Smart Glasses Market Segmentation Analysis, 2017-2025
- Middle East & Africa Smart Glasses Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
- Middle East & Africa Smart Glasses Market By Country (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
- Middle East & Africa Smart Glasses Market Segmentation Analysis, 2017-2025
Ch-6 Competitive Outlook
- Market Share of Major Players (2016)
- Company Profiles
- Google Glass.
- Company Synopsis
- Business Strategy
- Product Portfolio
- SWOT Analysis
- Recon Instruments
- Vuzix
- Meta
- Lumus Ltd.
- Cast AR
- Sony
- JIN Co. Ltd.
Augmented Reality Market
With the increased popularity of the smartphones and its applications, major global firms like Microsoft, Samsung, Google, and Apple have shown their interest in the development and release of augmented reality based products and services.
The global Augment Reality Market accounted for USD 5.2 billion in 2016 in which Augmented Reality Market Share more than 40% share and accounted for USD 2.1 billion in 2016.
Virtual Reality Market
Application of gesture recognition technology (GRT) in virtual reality is gaining huge consumer interest. The global GRT market holds an opportunity to reach over USD 45 billion by the end of 2024.
Furthermore, global virtual reality market is expected to reach USD 58.61 billion in 2024 from USD 1.54 billion in 2016, growing at a CAGR of 57.60 % during the forecast period.
Wearable Device Market
The wearable technology is expected to witness a promising growth with over 320 million connected wearable devices in 2016 which is estimated to reach over 2 billion by the end of 2024. Wearable device market is projected to reach USD 19.28 billion by 2024, growing at a CAGR of 17.0% during the forecast period.
Wearable Biosensors Market
wearable biosensors market industry also includes product development, marketing and investment strategies adopted by major market players in order to expand their business across the globe.